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Strategies & Market Trends : Mu Gamma Lambda

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To: Augustus Gloop who wrote (1977)	7/11/2001 5:42:00 PM
From: HG	Read Replies (1) of 10077

Australia, and if I'm not mistaken, Canada has what they call a superannuation plan. Its like an IRA and Social Security plan rolled into one. Social security is still provided, but it doesn't come out as a SS tax or deducatble. The contributors only get a Superannuation deductable...which is locked till age 55. Reforms are sweeping countries fast. US just has to join the gang. That was an awesome post you did last night. Unfortunately,, being a non voting resident alien, I'm not entitled to any of these 'perks', so am not very familiar with the SS and pension plan issues....

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